Regional Banks have always led our economy during booms and during busts. You will note from this simple chart that one key trend line has measured our current secular bull market. Regional banks have remained above this trend line since it was first touched in 2009. Excluding March 2020 (Covid19), which is not valid data, regional banks have never dipped below...
Price on HMST is currently hitting the lower level of the up channel
This is a good candidate for a reversal point.
This is also supported b the cross on the MACD on this Weekly timeframe
Bullish